Form 5500 · Employee benefit plan · BALTIMORE, MD
MARITIME APPLIED PHYSICS CORP
The filing calls this plan MARITIME APPLIED PHYSICS CORP. EMPLOYEE BENEFITS PLAN.
MARITIME APPLIED PHYSICS CORP of BALTIMORE, MD files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is POTOMAC BASIS GROUP ASSOC. Coverage is written through CIGNA HEALTH AND LIFE INSURANCE COMPANY and 3 other carriers. The plan's most recent policy period ended in July.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 52-1513939 · plan 501 · plan year 2025, filed Mar 3, 2026
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How this plan is funded
Fully insured as reported
The filing reports medical coverage through an insurance contract on Schedule A, and no money paid for benefits by the plan itself.
Benefits declared on this filing
Also declared: other welfare.
Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.
Where a line has more than one insured contract, the carrier and the covered figure are the largest contract's by premium. The contracts are not added up: a pharmacy carve-out and the medical carrier beside it cover the same people.
Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.
Plan brief
Schedule A lists 5 insured contracts covering health, dental, vision, life and disability; the largest, with CIGNA HEALTH AND LIFE INSURANCE COMPANY, covers 148 people.
Reported premium across the insured contracts is $1,532,454, with $25,445 in disclosed broker commissions — about 1.7% of premium.
The health contract's policy period ended in July, while at least one ancillary line's policy period ended in August. The plan is on a split renewal cycle.
POTOMAC BASIS GROUP ASSOC is the broker of record on 1 of the 5 contracts; the rest name a different broker or none.
4 carriers appear on the filing, including CIGNA HEALTH AND LIFE INSURANCE COMPANY, UNITED OF OMAHA LIFE INSURANCE COMPANY, UNITED OF MUTUAL OF OMAHA LIFE INSURANCE COMPANY and UNITED PG OMAHA LIFE INSURANCE CO. CIGNA HEALTH AND LIFE INSURANCE COMPANY writes the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE COMPANY | Health, Dental, Vision | 148 | Aug 1, 2025 | $1,442,793 | $8,995 |
| UNITED PG OMAHA LIFE INSURANCE CO | Disability | 223 | Aug 2, 2025 | $21,836 | $6,275 |
| UNITED OF OMAHA LIFE INSURANCE COMPANY | — | 145 | Aug 2, 2025 | $33,924 | $5,089 |
| UNITED OF MUTUAL OF OMAHA LIFE INSURANCE COMPANY | Life | 99 | Aug 2, 2025 | $24,063 | $3,610 |
| UNITED OF OMAHA LIFE INSURANCE COMPANY | Life | 223 | Aug 2, 2025 | $9,838 | $1,476 |
Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.
Administrator and service providers
The plan administrator is from line 3a of the main form. The service providers are named on Schedule C of this filing. We publish company names only.
Reported to OSHA
Reported to OSHA for 2025: 161 employees, 9 recordable cases, 70 days away from work.
Source: OSHA Injury Tracking Application establishment data, 2025.
Other plans filed by this employer
How this plan compares
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